From 8th November (Chart Week 44) onwards, enhancements to the RIAS Charts will be introduced, approved by RIAS Board Committee.
Update of Conversion Rate
In line with global best practices, conversion rates have been updated to most accurately reflect economics in the market.
All rates calculation using the 2021 IFPI Global Charts Best Practice; the calculations will determine how many audio and video ad-supported streams amount to one subscription-based stream.
Streams of less than 30 seconds are excluded, in line with other charts contributors, and “user-generated content” videos where a music track is not the primary focus; will be excluded from the charts.
YouTube Inclusion
In line with the IFPI’s YouTube Global Charts Framework, weighted YouTube streams will now included in the charts.
Spotify Capped Stream Feed
As recommended, Spotify streams capped at 10 streams per user per day. It will then bring RIAS’s chart in line with global best practices and done to help prevent ‘play inflation’ on the chart.
“A global framework for the inclusion of eligible YouTube consumption in national charts will benefit artists, who will see consumption of their music on the platform recognised in a meaningful way, and fans, who will see a chart that further reflects the full breadth of their music engagement in their country. It will also improve our understanding of the music market,” said the IFPI’s head of global charts Mr. Lewis Morrison.
For more information, you may contact Mr. Gerald Ow (Gerald.ow@rias.org.sg)